LYRA JN AFRICA FOR THE PERIOD OF EIGItrEEN MONfHS TH ENDED 30 JUNE 2021 Lyrn in Africa Registered charity number. ll46496 Addr￿$. Colstrope Fam Hambleden. RG9 &SL BUCKS Trnstees Ker5tin Britta 012nike da &)uza. Ake￿Ie Helene Klausner-Huth Philip Marykn (Chal￿eTSA)n 2py)inted 1610412020) Fiona SandeL50n (resigned I￿h June 202[) Maria Spir￿- foundeT Regina Taylor Michael Wortley Trustee sdettion meth(Kl: Approachcs are made to thosc the current ttustees ￿lIeVe would bTing ne£t￿ry skills to tlLe organisation and if they are willing 10 put themsdves forwaTd rheir apyyinmenr is put to the knard for appmv2L Governing document The Charitywas registercd on the 21st of MaTch 2012 and is governed by a Tnjst Deed dated 12th February 2012. ORGANIZATIONAL GOVERNANCE The Board takes overaIl resw)nsibility foT Lyra. induding resp)nsibiliry fOr1denDfyll￿ key risk considering significani Einanci21 mattCT5, and reviewing the E￿orManCe of management. straiegic plans and budgets. The Board is also restM)nsible for CnSUTiDg that a Cotnprehensive system of inrerDal control pjb'cies and pThKedurcs is operaciir. and for compliance ￿qth sound governance principles. The BoaTd meets at Icast four Eitnes a year. Duting the 18 monihs Feri(xL che knrd met six times (One Annual Gcnerdl Meetin& five Ordinary Meetings and one Extraordinarygeneral Meeting) and discussed v￿louS marrers about Lyra including budgets, fundllw. operationatperfomkance. risk managemenr and risk reNryews. safeguardin& tax liabitities, change of Etnaticial year. review of gclletal ￿￿ard affairs and appn)val of financiat statement& The Board ddegaies the day-tO-dAy management of Lyra in Africa (Lyra) to the CEO and COO. Members ol Ihe seniormanagement tcam are occa5ioDallyinvited to attend PA)aTd meetingsand facilit3re rhe effeetive control of all Lyra's operational acllvities. Lirya is committed to the principles of effective governancL The Dirtctot5 kn rec(wtize the i￿L￿rrance of integriry, transparency and aecountabiliry. Lyrain Africa, Tanzani& In 2015 an athlia￿dcharity- Lyrd in Africa Organisauon- was ¢s￿bliShed inTanzaoia to facilitate tht de]ivery of the UK charity's objectives. It is now established in the Irin8a district wich an office and staff to Eywiage projects, such 3$ Ihe construcrion of hostd5. traiDIngofdi￿'ta1 education in ￿h(K)IS and entrepTeneurship training to rnral youth groups. The Managetnenr of Lyra in Afric3 in Tanzania is urder the National Director and is ODganized in the Eollowing main deFamnent* Flnano Human Resources and AdmiDkntion Ec(Trfriendly Consttuction Young people's LivelihiKKIs Digltal Learning in ￿￿3j Governmenr Sch￿1$ Lyra ts CUTrendyacuveintht Southern HighlaDdsofTan7aniawith theintenuonto sc2leinEoEurther ruT21 regions in the country. l. Lyra's VISION AND MISSION To Lrelte Tribrani Tural communities by improving educarion and income OPFK)rtunRties S￿cifIcallY foT Tural mar8inalised girls. youth. a(d women across Ta])zani MissJoJJ LyrA'S miwon istO￿ven￿81g1r/Sx￿dYOuth equalOppYt￿i1es to Completerh￿r$econda￿SzUd1e$A￿d￿ClYfise theiraccess to $￿ala￿deCo￿OIwcop￿jmlluU&g Lyra is currently active in the &)uthern Hjglknds of TaDzaDia with the intention ro exrend into other rural regions in the country. 2 PRINCIPAL AGttvrtlES Lyra has three interwoven principgl activities as detalled Idowwhieh are implemented by Lyrd in knica, Tanzania.. l. Constrncuon of Hostds for Girjs in GOvern￿t Secondary SchTr)k. l.& Lyra builds eco-fricndly dormiiories ￿ thar gir15 from wide rural carchment areas (where secondary schools Serve vdlagts up to 30 km apart). Can attend secondary schwl 5afdy and complete their stlldics. Lyra works with local government (Districi Counclls) and communities (Wards) and together bave constructed eleven hostds in lringa Region as of 30rh June 2021, with a totsl capaciry of 842, and rtcuFancy raEes of 13(1 Lyra contribute5 all o18(N) of the total Hasid Consm￿￿on costs. while Ihe District. Wards and other Stakeholders contribute Ihe resi. Ai a handover ceremony, mainterjance and TesFonsibiliry for the hostds aT¢ h2nded over co the District Aurhoriries ind school& FOT our green CTe(kntial& as an examplE we make and use Inter1(￿kIng Soil Srabilized Bricks {ISSBs) ￿,hICh are compressed earth- insread of burnt bticks thar use narural fortst resources. thus slopping deforestation around our partneT schools. By traktttng l(ul labouTer& we transfer tbese skills into rhe communiues. We also usc biofill digester toilets to srop rhe use of pÉt larriDe& WareEgllrters aLt installed forrainwatercollectio In each ofthe PTojecrs. the Wanl Consttuciion CornmitEee memEtrs hdp on the day-to-day suE)eThrysion of chc projec4 while each Schc￿l assioJ5 ateacherio bein Chargeofsc￿k conm)l ofall the construction m3reLial 5tOTed in a de r(K)m at the sch(x)L The PTojects are succe&thilly implernenied in 2 very collalx)rative way with any arising issues communicatedwithout dday. FOT this reportkng L)erirf the llth COEDplered Girls. H￿t￿ was handed to the KisiDg'a Cottununiry ana tringa Disrrict Councit on 4th NovetttEEr 2020. wbereby 115 gids sraned Iiving in Ihehostd on the same day. The total c(xst of tlle collstrucuon stands at £66,(X)O, ofwhÉch rhe largest donor was che Michad Matthews Foundatio￿ funding 84%, wÈth the Iringa District and communities funding the remaining I&X>. In the next reFfftting FtTÉ(¥l In the autumn of 202L LY￿ will complete aud halldovcE Ewo new hostds. bring'ng the total co thirteen hostds in eleven scho)Ls. Gir15 Spon80rship Prow. Witl)in che hostd prograry since 2012. we SFonsorgirls from the mostVLthierable familics to stayin ourpuTpose-builr hostds. These gtrls would noi oiherwise ￿ able to cither srudy or live in the Hostds due to inability 10 pay h05td fces. In the18-month periiNJ we sponsoltd approL I(X) girls. (herajl Achievements foT Lyra hostds.. Aq of 30rh June 2021. Lyra in collaboratiott with Local Goven)mtht Authorities (District Councils) ana Commurriucs. havc consrrucied deyen hostd& iccomm(K]atiDg oveT L3(Xl girls every year. Pregnancies." Toda[4 moTe than 3.(MXlgirls haFe lived in our hostdswith noTeEx)rted prcgnancics. Drop-outs from hostds.. LITa's evidence shows rhai hostds are contributing 10 lowering oveTall srudent dropout rates within our sch(K)Is. with just two hosid girls dmpping out of secondary sch(ol to dale, compared to rnore rhan 8CQ scudents F£nveeD 2014 and 2021 across eight partner ￿h(K)Is. This is a stToDg indicator demonstraUn8 jusr how criticaj hostds have ]￿l in keeping girls safe and enabling them to continue Eo leartL Academic achievement". Lyrd hosids gLve girb a sale space to live. I￿¢ also time to srudy aErer schSUTC Visits to commercial PTojccrs (famiing. industrie& tra(k shows) and iv) Eraining in the Youth $a￿18S and Loans Groups (YSLA) methodology. In this final m￿ule of the li.module training, ynuth leam how to save and access loaD5 through their groups. Lyra supp)rts the YSIAS Iljrough the FiFBt annual cycle of SaVil)8 and lend1ngfi￿ds and conrinues to motiiror rheir pnygress foranother ycar. OE che1,460 rural based youth rhar graduated from Lyra's IK traintng at least 6(Yh have started a newbusiness, mainly in merchan(knsing. a8riculrure, tailoring and Foultry with more than 5(Yh more thand0ubEll￿ thcAr income AS a resuli OE the IK rraining. 31 Youth Saiqngs and L(Ans ASS(￿latiOnS (YSLAS) were establishtl with a total of 540 rnembers (6Wo ftm2Le ana 5% disabled). At the end of the FY. total Saw greu, from TZS 9.9million (£3.225) to TZS 38M]￿"on {£12.260) with 8(vh loaned out to memEtrs. Retum on Savillgs st￿1 ar 11.gh. whde average annualized saving peT member was TZS ￿2,711 (£50). This is an achievemenr Eor rhe youth who until now have lived below the verry Iine. All YSLAS are regstered with their[es￿Ctt.ve Dismct Councils andthree hAve been granted interest free loans £rom their respective Distrtct Councds. Vlllage Savings and LA)ans AS￿latiO￿5 (VSIAS): In the absence of form21 banking structUEe4 in 2012 Lyra 5tartcd the VSLA program lor rural basta faTnilies and communities to manage their monry and access credit to invest Ati iDcorneseneraung actiViti&%. We support VSLAS to be re￿'stered Thith theiT TCSPtcuve Lrtal Gover￿1 AuthoiiLies (District Coullcils), where they can access Government interesr free loans to support thetr busincsses. L)Ta conrinuts to provide ttaiDing to Community Based Trdiners (CBTS) who in turn PTOFide suprort to existing vstAs. as well as sratting new groups in Iheir communities. In 2020, mosr of Lyra'8 rradirionai VSL4 groups gt2du2tefL which iwnpIie5 they are deemed sdf-susuining and can Tegisterwirh the IctaLDistricL They remain $up￿)rtedbY a networkof26 rr8inedCommunity Based Trgincrs (CBTS), who start new VSLAS i￿ rheir own communities. The CBTS ako work for Lyra in dNtloping Ihe new IK Youth SLAS andguide them through the VSLA Meth(dolcgy. As ofJune 202L the remai￿810 sU￿￿VIdVs[As havea totalof238 Mem]￿ (184 fem3le),Nsryth toralshArts/ assets value of £17.C 3. Rescryes Policy. The ChaTiry operates wirh ]imited cash teseTVC5. Trusrces. objectives is to mainrAin a sufficient balance to meet cottunirced expendiruTe on current projects atd cover foreseeable 2dmiillStration Major pmjects a] iniriauves are mer from separate fundraisittg 3ctivirie DecIaratiotL I dedare in my capaciry as cballty that the b)ard of have approved thc report above and have authorisul be to sign ir on their behal£ Signed by Cbairttwn Dated.. 29.04.2022 Independent examinerfs report to the tn￿teaS of Lyrn In Africa I report tr)e acc¥NJnis ofthe CtrHrity kythe 18 mcth JLme 2021. Wh￿ are set on the att￿thed The tharivs trL￿IeeS are re$r￿s￿4e for the W￿rat￿)n of the ￿nts. Tr charl￿$ truths ￿nsIderthat audit is not requiTed forthis ye* under 43(2) ofthe Ctsrrties 19931tt* 19a3 A￿) that indgJerKlenl examination 18 It18 my respongbility to: examine the accounts urKtr sedi)n 43 ofttE 1933 Art to follow the txcK&lures lad down in the gewa tirecth Ch&ity Ccfflission under sectior$ 4317llbl of the 1993 Act and to state whellw particuLqr math c￿￿t0 my *fivJn. Ba818 of Indep8ntht •XaMkn￿S report My examinati)n was ¢xrEd (yjt in ￿X?￿e the Directicms grven ty t￿e Charty Commi5sKJn. An examinalion ￿le1￿je5 a revi￿ of the accwntirYJ r￿d5 keFrt ch*Fty aThJ a ly￿paT￿On ofthe aLu)unts presented wrth those re£ofds. It a*0 I￿a￿deS ccms•Jeralion of any urns￿1 iterrts or dthures in the ￿0￿nts, and sedung explanations from you as trustees (x)r￿emir0 any such matters. The prc¢&Jures un(￿rt￿en do not provide all the eVKIen￿ th* w(KJSY te rg]uired in an audit and ecowuenty no (pinKtrn is given as to whether the I note that it is the responsibtlity of the Lyra (TZ) NatKJnd tirecfr¥ and the Lyra tx)ard to er￿Ure that morwes expenditule. Ind•pondont &xamln•rf8 stkn•nt (1} whith gives me reaSo￿le to b81ie¥e that in a)y m*eial rEst￿l the tequKwnents.' to keep ￿mm11r￿ r￿Orts in ￿￿Ordan￿ wrth 41 ofthe 1W3 Art aThJ to prepare axounts which with the and c4Jmpty with xrA)untitvJ Uifem&tts of 1993 ALt have rnt been me( or (2} to whth. n my winKJn. aitenbon be in orderto enth a Lmdw5taThJirwJ ofthfr ￿￿Unts to be ￿Ched. Christopher Whitehea Chartered Acc￿nt￿ Hambieden Henley on Thames Oxon RG9 6SN 26 Awil 2022 statement of Financlal Activllie• For th• 18 months •thd￿ 31Rh June 2021 31¥t Oec*rnb•w 2019 Toral lunds Inc¢)mlny Oon3tyons reC?￿d Tax re¢o¥eratle on GDI Ajd TOTAL INCOMING RESOiIRCES 7BS11 024 335.161 413.675 11024 35 335.164 425.699 72,297 17B.n8 251,035 505 251.540 17&738 Rosouices experKl8d Charfiable acfvI￿e5 Grants to Lyfa i• Africa Or£a*isation.Tani Ilostel Con5tnxtion & Refixt#shmert Im•ka 5QjaTra youth p¥oJed FCCO knds Pw4mm¢ rnanagernent M&E Supportcosts Finaq£e &admlnlstratlon Communitalions & PTOrnOtion F￿draIsing GrhEmance costs 43￿• 198.927 244.217 39.fj68 ii,uy 17&738 218,4106 li,￿5 4A21 29.368 11,488 14,144 5,162 20.888 14.144 5.162 6,601 1188 L733 3.n2 251,069 1188 L733 3.n2 72.3Jl TOTAL RESOURCES EXPENOED 102,829 216,836 319.665 178.738 Net IncomiDglloffigoiTrgl rewurces bgfore trarolers 1112541 ll8,328 ￿.034 4n 4n Belances broLbght foThvatd 21925 21925 22A54 10.611 U8.318 128.959 22.9 22,925 Gr¢)As tr•n¥f•rs betymen lunds TOTAL FU14DS CARRIEO FORWARD 10ml £ 118J28 £ 128.959 22.925 £ £ 22,925 Balance Sheet Xth June 2021 51￿ D￿embar 3)15 Toi•l Not cutrent a55•ts 8ank b31ances Less" Credrtors 14291 lal.628 13.660 12.3(01 10,631 £ 118.328 £ T28,959 lJ4919 23.653 1728 22,925 £ 23.653 17281 £ 22.925 TOTAL ASSETS Fund8 ofthe th•riry Unrestricted funds Restsided fijnds Idtsnaed fN a specac lo.￿1 .631 118,328 118,328 1Q.631 £ 118.328 £ 128.959 21925 22,925 22,925 £ £ 22,925 Lyra in Afri¢ Not•¥ to Ihe a¢count• Forth• 18 m•tyths •nd•d 30th Jun• 2021 1 Accounthg poll¢i*s Thefifftanllal st*ements olthe thantyhavèbeen prepared iTr¥ctydarKe wththeChariti@s SOR?IFA$1021'Ac¢ountln8artd Aeportlngby Charttles: StstementofRecofftt￿nded Pra￿￿￿3p￿lClbktochant*$￿e￿rythejraCa)Unts ina[rordan￿ w4th the Financial Reporting Standardapplicable Intr￿ UKand Republicof Ireland IFRS 1021 lelfertive iD]51'. FinarKwlReportin£ Standard 102 The Financial Reportingstandard applicable the LSKand Rewbli¢of IreLMd' èndthècthaitles￿t2￿L Thef1natKI￿ stktemwtshavebo•n prepared underthe hiStoricalmst(y*wont*orL ltscoming resou￿$ All in£ome lsrecosnised IntheStsteMwrtolFkna￿lArtMfieSl)￿elheO*rltybasÈnIft1ÉfftrrttOthe hJr41& ttisyobablethatthÈ Incomè will b2 rereivedandtho an)ovnt¢4ttbemeaswodieltsbty. EKpÈmditure i5Kcounted foron an￿&915b￿S1SdThd hasbeenthyFÈedunder hea(FiTh4Sth*èweBateall costsrelatedtothatLXtogory. Expendlturo r*kV@swts4mounts I0*￿ced. Indudi¢yY•lueaOdedtaxwhxhcènr>Ot be recovered. Fofpign cuRr¢n¢y. US Dtsll*s For expendlturÈ and tlan5fer5 In USdDHar5ana¥er3ge exit*4tsetatthe￿￿T*n1w0*the4CcoUTrtmIperknd isused- fcr2020RiatSi.20tts £1. MonetaryassetsaThd lia￿lIti￿ hèldir¢f0￿1e￿tl￿re￿lle5•t thèbalantssheetd*Earetr•isl•t*d attherateof exchan8eyulin8pn that dato. Th*tatè used at 30thJune2021was>.38toELIZW=SL201. AnYreS￿lI)K￿iffere￿ce0nUanslAlioTh Istaken throv8h theSt3tementof F1tsgnoalArtivit￿S, wlthgalnsP*in4ShowniTrOtt￿1r￿M￿qfté¥Jw[es￿jlo5sesSho￿ft￿￿￿erte%yJr￿esexpendÈ Fumla¢¢guntiry Unrestrtaed fvndscan be used inaccordance%Yilhthe dwitableobjortivesatthe dts(Tetion ofthetrustee fiestfi¢tedfunds can onlybe used fNMioJixrostvfrttodsMwr*)seswithin theobjoctsofthe th¥ity. 9estfirtl￿arbÉWhen speafiedbythè Ta¥atio The thortty 15 exernptfromtsx on itscharit3bFeartivit6e 2 Tr￿￿te$, Remungration and Benet7ts o fees, remuneration orbettefit5 werepaKlloaryTnJsieedwi￿thQ p￿￿1{))]9-£na 3 Staff ¢osts Thetharity&)esrh*Qmpl￿a￿st3ff￿￿)lY-1¥Jn2) 4 R•lat•d Paffj DiSc4￿ur•S 15 In¢ome R•wv unrestrf£teO 4Ye5thrtorf Totol fvnds fvnds 4.063 Donations Grants fr0rno1herd￿IftIeS Grants fmmGovernment Gift aid 44.729 137,132 18L861 33.732 156.855 ￿),63? 4L177 4L177 In738 18&9n ,535 335.1￿ 425.69Y 7U)Z 178,738 ￿1,5￿0 6 GNAtsto Lyra in Alri￿ Oryan15adon. Tan2aTria R•stri¢t￿FUnds H￿tel ionmructknn Ycuth rural Iwelihoc4s Gts155ponsor5hlp Olgitsi leamin8 ,(￿1 3LfJ4 38.983 5.9>J 2￿7 3L978 15ll ￿074 145.845 145,845 0.016 20,016 877 U877 ProRramrnaticContributions 39.t 3y.coe 39,661 178,n8 218.4C 45J90 IX927 244,217